Order To Cash Associate

TeamLease; Mohali; On-site; INR 350,000 - 750,000; Full time

Job summary

TeamLease is seeking an Accounts Payable/Payments professional to ensure timely and accurate booking of payments, apply remittance details to invoices, and manage billing processes.

The role requires coordinating with sales and execution teams, clearing sub-ledger items, and generating reports to meet SLA and KPI targets.

Qualifications

• Experience in billing and payment processing.
• Familiarity with remittance details and credit/debit notes.
• Ability to meet SLA and KPI targets.

Responsibilities

• Timely and correct booking of all payments received in bank.
• Apply payments against invoices as per remittance details.
• Process booking adjustments for discounts, refunds and cash in advance.
• Record provisions for doubtful debts during month close.
• Regularly clear advances against invoices.
• Maintain knowledge of billing and issue credit/debit notes.
• Coordinate with sales/execution for remittance details.
• Clear sub-ledger and follow up on aged items with teams.
• Provide accounting with customer advances details.
• Prepare various reports on time with accuracy.
• Meet SLA and KPI targets each month.
• Resolve queries within defined timelines.
• Identify process improvement ideas using best practices.
• Handle exceptions, perform root cause analysis to resolve issues.
• Provide documents for audits and implement corrective actions.
• File and archive relevant documents.

Job description

Main Accountabilities

• Timely and correct booking of all payments received in bank.
• Apply Payments against invoices as per the remittance details provided by the client
• Booking adjustments for discounts ,refund and cash in advance cases as well as accounting entries for provision for doubtful debts during month close
• Regular clearing of advances against the invoice
• Knowledge of billing, issue credit/Debit Note
• Follow-up with sales/execution team for remittance details, if required
• Timely clearing of sub-ledger, follow-up on old aged items with different teams
• Provide details to accounting team regarding customer advances
• Complete various reports on time with accuracy
• Meet SLA and KPI target each month.

Additional responsibilities

• Resolve queries within defined timelines
• Identify ideas for process improvement utilizing industry leading practices
• Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future
• Provide all information, documents and reports for audit. Post the audit; take steps as per corrective action plan drafted by the Team Leader.
• File and archive relevant documents